Asset Allocation Bi-Weekly - The Green Shoots of Re-Industrialization (7/3/2023)

Economic data lately can seem unusually confusing. Even though inflation has raised the cost of living significantly compared to two years ago, the economy continues to grow and the unemployment rate remains low even as some big companies announce job cuts. And while economic indicators point to a slowdown in the months ahead, the stock market doesn't seem to believe it. Confluence Market Strategist Patrick Fearon-Hernandez joins the podcast to talk about one data point that appears to be showing very strong numbers: private nonresidential construction.

What is Confluence Podcasts?

Podcasts from Confluence Investment Management LLC, featuring the periodic Confluence of Ideas series, two bi-weekly series: the Asset Allocation Bi-Weekly and the Bi-Weekly Geopolitical Report (new episodes posted on alternating Mondays), and a new monthly Q&A format called the Confluence Mailbag.